FirstEnergy (FE) Tops Q3 EPS by 10c

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FirstEnergy Announces Third Quarter Financial Results

October 29, 2015 4:20 PM EDT

AKRON, Ohio, Oct. 29, 2015 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today reported third quarter 2015 operating (non-GAAP) earnings* of $0.98 per basic share of common stock.  These results exclude the impact of the special items listed below, and compare to 2014 third quarter operating (non-GAAP) earnings of $0.89 per basic share of common stock.

GAAP earnings for the third quarter of 2015 were $395 million, or $0.94 per basic share of common stock ($0.93 diluted), on revenue of $4.1 billion.  For the third quarter of 2014, GAAP earnings were $333 million, or $0.79 per basic and diluted share of common stock, on revenue of $3.9 billion.... More